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Mortgage News for Monday - January 12, 2004

More Mortgage News
• Countrywide will not meet 2003 analyst estimates
• U.S. mortgage bond market continues on
• Scottish house prices still robust
• MGIC fourth-qtr profit tops estimates, shares up
• UK house prices goes reverse
• Consumer spending outlook stays healthy
• Santa Barbara County, Calif., Housing Prices Continue to Climb
• What’s Your Type Of Business?
• Home buyers opt for fixed-rate mortgages
• Bank of America, NACA Declare $6 Billion Mortgage Program
• House chair: 'Deep-six' real estate rule
• Mortgage borrowing surged 23pc
• Locals say N.H. housing market healthy
• American Home Mortgage Investment Corp. Will Release Fourth Quarter 2003 Financial Results on January 29, 2004
• Buckingham Mortgage Picks GHR's Loan Origination System
• U.S. mortgage bonds dip, convexity trigger close
• Arlington Capital Mortgage and Windsor Financial Mortgage Combine, Creating Region's Largest Independent Retail Mortgage Lender
• Medical insurance worries lies in wait for retiring baby boomers
• Guide helps make American dream possible
• The Mortgage Partnership discloses midlands operation
• FOS plans no annual charge for mortgage intermediaries
• Leeds & Holbeck releases no-lock-in 5-year fixed rate Mortgage below 5 per cent
• HUD rule on closings places agency up to criticism
• Interest-only loans jump
Mortgage News
Buckingham Mortgage Picks GHR's Loan Origination System - 2004-01-12
GHR Systems, Inc., one of the nation's leading providers of loan origination and processing technology, declared today that Buckingham Mortgage Corporation has chosen its automated origination, processing to streamline their loan origination process.

Buckingham will use GHR's comprehensive origination system to provide online loan origination including instant pricing, decisioning, processing and closing. GHR's solutions support all aspects of the mortgage loan life cycle.
Read the full story at PR Newswire via Yahoo!
 
U.S. mortgage bonds dip, convexity trigger close - 2004-01-12
U.S. mortgage bond prices traded a bit lower early Monday after Friday's powerful rally following a surprisingly weak U.S. jobs report that shook confidence about the U.S. economic recovery.

"The risks to the mortgage market have increased as refinancing and convexity triggers are approached," J.P. Morgan Securities analysts said in research report released late on Friday. "We expect some meaningful MBS rebalancing activity."
Read the full story at Reuters via Forbes
 






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